[vijayboyapati]

Multi-sig is a very powerful innovation for corporate use of bitcoin. Not because you can have arbitrarily many M of N signing a transaction, but that you can outsource complex policy in a trusted way. E.g., create policy that lower level employees can control a small percentage of a company's holdings, while higher level employees can control a higher percent. It allows you to implement flexibility that exists in the credit system, without giving up the trust/control that comes from the blockchain system.